#BTCvsMarkets

๐Ÿ‘‘ $BTC Market Update:

BTC

82,882.19

-0.75%

๐Ÿ™Š Time Frame = 1 Week

Currently Btc is Moving in A Range Zone of 78k to 89k Zone. There are few Scenerioes for Btc's Next Move, Let's Discuss Step by Step:

Key Zones:

โ€ข Btc is Facing a Strong Resistance at 89k to 90k Zone

โ€ข A lot of liquidity available Below 78k

โ€ข 67k to 72k is the Strong Support Zone

โ€ข 49k is the lowest level (HL) of Bull Trend

Zones Explanation:

โ€ข Currently there are most Chances that Btc will Grab the Downside liq of 78k and it can tap 67k to 72k Zone which is the Strongest Support. I will Explain this in next Update on Daily Time Frame.

โ€ข But if Btc Closes Weekly Candle 89400 then the upper Update will be Invalidated and we will be set for New Higher Highs.

Conclusions:

Bear Market is not Started yet. This is just a normal pullback on Weekly Time frame that's why it's looking big. Don't Worry just hold on your positions and keep Buying the Dips in Strong plays. You will Witness a Ath Again ๐Ÿ”ฅ

Stay Blessed ๐Ÿ’ž